3909 Aldrich Ave S APT 3MinneapolisMN55409
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Minneapolis at 3909 Aldrich Ave S APT 3, Minneapolis, MN, 55409 earns $187/mo cash flow from $842/mo rent with a $513/mo payment. Total monthly income totals $842/mo, and annual cash flow totals $2,249/yr on $34,774 capital. ROI tracks 26.38% on current figures, and rental yield reads 9.63% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 137.67% and total cumulative return in cash sums $47,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $842/mo property income instead of your personal income.
Condo
Built in 1913
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55409, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,506 (100%) |
| Owner Occupied HU | 3,074 (55.8%) |
| Renter Occupied HU | 2,183 (39.6%) |
| Vacant Housing Units | 249 ( 4.5%) |
| Median Home Value | $428,632 |
| Average Home Value | $503,788 |
Housing Distribution
Address Breakdown
Residential
5,331
Single Family
3,825
Multi-Family
1,506
Businesses
239
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Listed by: Aaron Peterson • Fuze Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820924